Related News: "Innovation and Competitiveness"
Bold Steps Required To Spur Canada To Global Leadership In Energy And Environmental Innovation, Business Leaders Say
Canada’s energy resources can be a source of continuing economic advantage, but only if all levels of government work together to develop a clear, consistent and sustainable energy strategy, the country’s business leaders say.
In a policy paper released today, the Canadian Council of Chief Executives (CCCE) outlines five key steps that would help to ensure Canada achieves its potential as an energy and environmental powerhouse – including a new bilateral accord with the United States and a comprehensive national policy on carbon pricing that recognizes the imperative of addressing climate change.
The CCCE is the senior voice of Canada’s business community, representing 150 chief executives and leading entrepreneurs from all major sectors and regions of the country.
“Canada’s endowment of natural resources can be a tremendous source of comparative advantage,” the CEOs say in their paper, titled Clean Growth 2.0: How Canada Can Be a Leader in Energy and Environmental Innovation.
“We cannot take this enormous potential for granted, however. To derive maximum benefit we need a long-term approach to energy development and energy use.”
The paper was prepared by the CCCE’s Task Force on Energy, the Environment and Climate Change, co-chaired by Linda Hasenfratz, Chief Executive Officer … Read more »
Canada’s private and public sectors should move quickly to implement reforms that would strengthen the country’s innovation capacity and quality of life, a coalition of leaders from business, academia and supporting organizations said today.
The Coalition for Action on Innovation in Canada – chaired by The Honourable John Manley, President and CEO of the Canadian Council of Chief Executives, and Paul Lucas, President and CEO of GlaxoSmithKline Inc. – says it is committed to building a national consensus on 10 key recommendations to boost productivity, create jobs and raise income levels for Canadian workers.
“We believe that the measures we are recommending would make a real difference in putting our country firmly on track toward an innovative and prosperous future,” the coalition says in a concise 10-page report. (Copies of the report are available at www.actiononinnovation.ca.)
Echoing previous studies by the Council of Canadian Academies, The Conference Board of Canada, the federal Science, Technology and Innovation Council and other groups, the report says that Canada’s prosperity is threatened on three fronts – by increasingly intense global competition, an aging population and chronically weak productivity growth.
The solution to all three challenges, the coalition says, is to boost Canada’s capacity … Read more »
The federal government’s proposed new copyright legislation strikes an appropriate balance between the rights of Canadian creators and the needs of consumers, the Canadian Council of Chief Executives (CCCE) says.
“To protect jobs and enhance Canada’s ability to compete in a rapidly evolving world, it is essential that our copyright laws recognize and reflect the digital technologies that Canadians use and enjoy,” said The Honourable John Manley, the CCCE’s President and Chief Executive Officer.
“Modernizing the Copyright Act will provide badly needed protection to Canadians who create music, films, games and other digital works. At the same time, the proposed legislation recognizes the legitimate rights of Canadian families, schools and libraries to make use of copyrighted materials.”
Mr. Manley added that the proposed amendments to the Copyright Act will bring Canada’s rules into line with the rest of the industrialized world and will help Canada to meet its obligations under the World Intellectual Property Organization (WIPO) Internet Treaties. The goal of these treaties, which were created in 1996, is to establish a consistent and accessible legal framework that rewards creativity, stimulates innovation and contributes to economic development while safeguarding the public interest.
Mr. Manley noted that the Copyright Act amendments … Read more »
The Canadian Council of Chief Executives (CCCE) congratulates Finance Minister Jim Flaherty for moving to strengthen Canada’s system of financial market oversight by tabling legislation to create a single national securities regulator.
“By proposing to modernize the existing patchwork of provincial and territorial securities regulators with the introduction of a new national regulator, the federal government is acting in the best interests of Canadian shareholders and companies,” said The Honourable John Manley, President and Chief Executive Officer of the CCCE.
“The new system will eliminate duplication, enhance oversight and improve enforcement to the benefit of all stakeholders.”
Minister Flaherty has allowed provinces that do not wish to participate in the new regulatory system to opt out. The new national authority will not be established unless and until the Supreme Court of Canada upholds Ottawa’s jurisdiction in the area of securities legislation. Even then, provinces will have the right to retain their existing systems.
Still, Mr. Manley said he hopes that, in time, all provinces will see the wisdom of updating and strengthening today’s antiquated approach to securities regulation and join in the common national system.
Founded in 1976, the CCCE represents 150 chief executives and entrepreneurs of major Canadian corporations … Read more »
The 2010 federal budget recognizes that economic recovery remains fragile and job creation tentative, but its commitment to fiscal discipline will ensure that Canada emerges from the current period of economic weakness in better shape than ever, the Canadian Council of Chief Executives (CCCE) said today.
“The immediate priority is to make sure that the recovery takes root and that employment growth picks up,” said The Honourable John Manley, President and Chief Executive Officer of the CCCE. “For that reason, we support the government’s intent to implement the fiscal stimulus measures contained in the second half of its two-year Economic Action Plan.”
“At the same time, it is vital that all Canadians understand the importance of returning to balanced budgets – at both the federal and provincial level – as rapidly as practicable once our economy has achieved a firm footing,” Mr. Manley said.
“Doing so will require tough choices, but we know from recent experience the advantages of living within our means. Indeed, one of the main reasons that Canada was not hit as hard as many other countries during the global downturn is that our governments entered the recession in a position of fiscal strength, having consistently run … Read more »
The Canadian Council of Chief Executives (CCCE) has elected Hartley T. Richardson as its new Chair. Mr. Richardson is President and Chief Executive Officer of James Richardson & Sons, Limited, and has served as a member of the CCCE’s Executive Committee since 2006.
Mr. Richardson succeeds former Chair Gordon M. Nixon, President and Chief Executive Officer of Royal Bank of Canada. Mr.Nixon remains on the Council’s Executive Committee as Honorary Chair. Also on the Executive Committee are: The Honourable John P. Manley, CCCE President and Chief Executive Officer; First Vice Chair Paul Desmarais, Jr., Chairman and Co-Chief Executive Officer, Power Corporation of Canada; and Vice Chairs J. Bruce Flatt, Richard L. George and Annette Verschuren, the chief executives respectively of Brookfield Asset Management Inc., Suncor Energy Inc. and The Home Depot Canada and Asia.
Speaking after the CCCE’s New Year Members’ Meeting in Toronto this week, Mr. Richardson said he was looking forward to working with Mr.Manley and his fellow CEOs from coast to coast in promoting sound public policies that will ensure a better future for all Canadians. “As Canada’s economy struggles to emerge from recession, the need for bold ideas and focused leadership is stronger than ever,” … Read more »
Canada’s business leaders today strongly welcomed the launch of a Canada-India Joint Study Group that will pave the way for negotiations on a Comprehensive Economic Partnership Agreement between the two countries.
“Canada and India stand at the brink of an exciting new era of deeper bilateral cooperation and enhanced prosperity,” said Thomas d’Aquino, Chief Executive and President of the Canadian Council of Chief Executives (CCCE). “Today’s establishment of the Joint Study Group sends a clear signal that our two countries are committed to an ambitious agenda of economic cooperation – an agenda that includes not only liberalization of trade and investment, but also greater regulatory cooperation, stronger intellectual property protection, improved transparency in customs rules and procedures, and improved mobility of skilled personnel and service providers.”
The CCCE is Canada’s premier business association, composed of 150 chief executives and leading entrepreneurs from all major sectors and regions of the country. Beginning in 2005, the CCCE and its Indian counterpart, the Confederation of Indian Industry (CII), have worked closely to build a foundation for stronger economic ties. Their efforts culminated in September 2008 with the publication of a joint report recommending the negotiation of a “single, modern, high-quality and comprehensive” economic … Read more »